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Since Bitcoin blockchain records just takes no more than ten minutes for the individual wallet.
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WHAT IS BITCOIN AND WHY IT HAS VALUE. BEST EXPLANATION EVER.Bitcoin is commonly considered valuable because it is provably scarce, globally accessible, and community owned. By Cryptopedia Staff. The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes. We value goods as money if they exhibit specific, tangible properties. The six characteristics1 of sound money are: Durability - Produce makes for poor money.
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